How do I set up a digital wallet?
With so many wallet options available, setting up a digital NFT wallet can seem overwhelming. To make the process easier, we've put together a universal guide on how to set up your digital NFT wallet:
Choose a reputable wallet provider: There are several NFT wallet providers that you can choose from. Look for a provider that has a good reputation, is user-friendly, and has a good track record of security.
Create an account: Sign up for an account with your chosen wallet provider. You will need to provide your email address and create a password.
Download the wallet: Once your account is set up, download the wallet to your device. The wallet is typically available as a mobile app or as a browser extension.
Secure your wallet: Enable any security features that the wallet provider offers, such as two-factor authentication (2FA). This will help protect your NFTs from being stolen.
Add funds to your wallet: You will need to add funds to your wallet in order to purchase NFTs. This can typically be done by connecting your wallet to a cryptocurrency exchange, such as Coinbase, and then transferring funds from the exchange to your wallet.
Store your private key safely: The private key is a unique code that is used to access your wallet. Keep it safe and do not share it with anyone.
Note that different wallet providers may have slightly different setup processes, but the basic steps should be similar. Always make sure to do your own research before choosing a wallet provider and follow best practices for keeping your digital assets safe. Here is a list of resources compiled from direct sources within the Kadena ecosystem:
Koala Wallet:
Safety Note:
When signing up for a new wallet, you’ll be given 12 words known as your “Secret Recovery Phrase”. This is your private key and you can think of it as your password. These words are what you will use to recover your wallet if you need to log into a new device.
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